PGJ vs. FDEM ETF Comparison

Comparison of PowerShares Golden Dragon China Portfolio (PGJ) to Fidelity Targeted Emerging Markets Factor ETF (FDEM)

PGJ

PowerShares Golden Dragon China Portfolio

PGJ Description

The PowerShares Golden Dragon China Portfolio (Fund) is based on the NASDAQ Golden Dragon China Index (Index). The Fund generally will invest at least 90% of its total assets in equity securities of companies deriving a majority of their revenues from the People’s Republic of China and that comprise the Underlying Index. The Underlying Index is composed of US exchange-listed companies that are headquartered or incorporated in the People’s Republic of China. The Fund and the Index are rebalanced and reconstituted quarterly.

Grade (RS Rating)

Last Trade

$25.54

Average Daily Volume

192,044

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FDEM

Fidelity Targeted Emerging Markets Factor ETF

FDEM Description

The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity Targeted International Factor Index℠. The fund invests at least 80% of its assets in securities included in the index and in depository receipts representing securities included in the index. The index is designed to reflect the performance of stocks of large- and mid-capitalization developed international companies that have attractive valuations, high quality profiles, positive momentum signals, lower volatility than the broader developed international equity market, and lower correlation to the U.S. equity market.

Grade (RS Rating)

Last Trade

$25.73

Average Daily Volume

31,140

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	PGJ	FDEM
30 Days	-5.37%	-3.18%
60 Days	13.12%	-0.98%
90 Days	17.78%	-1.44%
12 Months	2.29%	16.27%

7 Overlapping Holdings

Symbol	Grade	Weight in PGJ	Weight in FDEM	Overlap
ATHM	C	1.06%	0.5%	0.5%
BABA	D	7.56%	1.37%	1.37%
BIDU	F	6.21%	0.64%	0.64%
MNSO	D	0.53%	0.09%	0.09%
TCOM	B	8.84%	0.32%	0.32%
VIPS	F	3.32%	0.1%	0.1%
YUMC	C	9.52%	0.18%	0.18%

PGJ Overweight 47 Positions Relative to FDEM

Symbol	Grade	Weight
JD	D	8.37%
BEKE	D	4.54%
NTES	D	3.64%
TME	D	3.6%
ZTO	F	3.39%
NIO	F	3.36%
HTHT	D	3.26%
YMM	C	3.11%
LI	F	2.65%
BZ	F	2.57%
QFIN	A	2.33%
TAL	F	2.25%
XPEV	C	1.55%
GDS	C	1.34%
BILI	D	1.27%
ATAT	C	1.18%
DQ	F	0.87%
ZLAB	C	0.77%
MOMO	D	0.68%
RLX	C	0.67%
IQ	F	0.67%
FINV	B	0.65%
JKS	F	0.48%
CSIQ	F	0.45%
EH	D	0.45%
WB	D	0.44%
TIGR	D	0.43%
DDL	C	0.34%
VNET	B	0.28%
QD	B	0.27%
LX	B	0.26%
SOHU	F	0.25%
NOAH	D	0.24%
GOTU	F	0.23%
KC	B	0.19%
RERE	C	0.18%
HUYA	F	0.17%
API	B	0.15%
DAO	B	0.11%
DOYU	C	0.11%
TUYA	D	0.11%
WDH	F	0.1%
DADA	F	0.09%
BZUN	F	0.07%
CAAS	C	0.07%
NIU	F	0.06%
CBAT	F	0.05%

PGJ Underweight 6 Positions Relative to FDEM

Symbol	Grade	Weight
PDD	F	-0.85%
CHT	C	-0.57%
BCH	C	-0.38%
VALE	F	-0.28%
WIT	B	-0.17%
LPL	D	-0.03%